Clifton Springs Hospital & Clinic Foundation Inc

Analysis

Clifton Springs Hospital & Clinic Foundation Inc is a registered charity in United States, based in Clifton SPGS, NY. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Clifton Springs Hospital & Clinic Foundation Inc reported income of $1.2m and spending of $1.3m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $1.2m (-60%), an average of -20% a year. The sharpest change came in the year to December 2023, when income rose by 105%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Clifton Springs Hospital & Clinic Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Okeechobee County Family Health- Health Start Coalition Inc ($1.2m), Asian Healthcare Foundation Ofmassachusetts Inc ($1.2m) and Friendship Haven Memorial Foundation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. Other salaries and wages came to $312k. At year end it held assets of $10.5m against liabilities of $65k, net assets of $10.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.